NextDecade Corporation (NEXT)
NASDAQ: NEXT · IEX Real-Time Price · USD
7.78
+0.12 (1.57%)
At close: Jul 19, 2024, 4:00 PM
7.82
+0.04 (0.51%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
NextDecade Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for NextDecade stock have an average target of 9.00, which predicts an increase of 15.68% from the current stock price of 7.78.
Analyst Consensus: Buy
* Price targets were last updated on Jun 6, 2024.
Analyst Ratings
The average analyst rating for NextDecade stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $7 → $9 | Hold | Maintains | $7 → $9 | +15.68% | Jun 6, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $8 | Hold → Buy | Upgrades | $8 | +2.83% | Aug 16, 2023 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $7.5 → $9 | Hold → Strong Buy | Upgrades | $7.5 → $9 | +15.68% | Aug 15, 2023 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $8 → $10 | Buy | Maintains | $8 → $10 | +28.53% | Oct 26, 2022 |
| Stifel | Stifel | Strong Sell → Hold Upgrades $4.5 → $6 | Strong Sell → Hold | Upgrades | $4.5 → $6 | -22.88% | Jul 28, 2022 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.23
from -0.94
EPS Next Year
-0.21
from -0.23
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | n/a | n/a | 595.8M | 1.8B |
| Avg | n/a | n/a | n/a | 578.8M | 1.7B |
| Low | n/a | n/a | n/a | 556.1M | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 208.8% |
| Avg | - | - | - | - | 200.0% |
| Low | - | - | - | - | 188.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.06 | -0.22 | -0.26 |
| Avg | -0.23 | -0.21 | -0.26 |
| Low | -0.51 | -0.21 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.